GLPR.L Regulatory News (GLPR)

For immediate release 29 May 2020

Global Ports Investments PLC

EGM Results

Global Ports Investments PLC ("Global Ports" or the "Company" and, together with its wholly-owned subsidiaries and joint ventures, the "Group") (LSE ticker: GLPR) today announces the results of the Company's Extraordinary General Meeting (EGM) held under the chairmanship of Mr. Artemis Thomaides.

The EGM adopted the following resolutions:

1. To approve the resignation of Mr. Morten Engelstoft from the Board of Directors of Global Ports Investments PLC as of 29th May 2020.

2. To elect Mr. Kristian Bai Hollund as a director of the Company until the next annual general meeting of the Members of the Company to be held in 2021, with no remuneration.

The EGM was held at BG WAYWIN PLAZA, Office 302, 62 Agiou Athanasiou Avenue, 4102, Limassol, Cyprus on 29 May 2020 at 08-00am (Cyprus time) and had a quorum with 422,713,415 ordinary shares of the Company, which constitutes 100% of the issued share capital of the Company entitled to participate in this meeting and vote on the matters of the agenda.

Annex to the Announcement

Brief biography of Kristian Bai Hollund

Mr. Hollund is an experienced finance leader and CFO with 15 years' global experience in a highly international environment. He was appointed as Operations CFO of APM Terminals in December 2018. Prior to this, he held a number of senior financial roles at Maersk Line including Commercial CFO (2014 to 2018), CFO China (2011 to 2014), CFO Netherlands (2008 to 2011) and Finance Manager Central Europe (2007 to 2008), demonstrating an ability to lead large transformations in different geographies. He first joined A.P Moller - Maersk Group in 2005 as a financial controller.

Mr. Hollund holds an Executive MBA from IMD in Lausanne, Switzerland as well as an MSc. in Finance and BSc. in International Business from the University of Aarhus, Denmark.

ENQUIRIES

NOTES TO EDITORS

Global Ports Investments PLC

Global Ports Investments PLC is the leading operator of container terminals in the Russian market by capacity and container throughput.[1]

Global Ports' terminals are located in the Baltic and Far East Basins, key regions for foreign trade cargo flows. Global Ports operates five container terminals in Russia (Petrolesport, First Container Terminal, Ust-Luga Container Terminal[2] and Moby Dik[3] in the Russian Baltics, and Vostochnaya Stevedoring Company in the Russian Far East) and two container terminals in Finland[4] (Multi-Link Terminals in Helsinki and Kotka). Global Ports also owns inland container terminal Yanino Logistics Park[5] located in the vicinity of St. Petersburg.

Global Ports' revenue for 2019 was USD 361.9 million, and Adjusted EBITDA was USD 226.9 million. Consolidated Marine Container Throughput was 1,439 thousand TEU in 2019.

Global Ports' major shareholders are Delo Group, one of the largest private transportation and logistics holding companies in Russia (30.75%), and APM Terminals B.V. (30.75%), whose core expertise is the design, construction, management and operation of ports, terminals and inland services. APM Terminals operate a global terminal network of 78 operating port facilities, giving the company a global presence in 58 countries. 20.5% of Global Ports shares are traded in the form of global depositary receipts listed on the Main Market of the London Stock Exchange (LSE ticker: GLPR).

For more information, please see: www.globalports.com

LEGAL DISCLAIMER

Some of the information in these materials may contain projections or other forward-looking statements regarding future events or the future financial performance of Global Ports. You can identify forward-looking statements by terms such as "expect", "believe", "anticipate", "estimate", "intend", "will", "could," "may" or "might" or the negative of such terms or other similar expressions. Any forward-looking statement is based on information available to Global Ports as of the date of the statement and, other than in accordance with its legal or regulatory obligations, Global Ports does not intend or undertake to update or revise these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Forward-looking statements involve known and unknown risks, and Global Ports wishes to caution you that these statements are only predictions and that actual events or results may differ materially from what is expressed or implied by these statements. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of Global Ports, including, among others, general political and economic conditions, the competitive environment, risks associated with operating in Russia and market change in the industries Global Ports operates in, as well as many other risks related to Global Ports and its operations. All written or oral forward-looking statements attributable to Global Ports are qualified by this caution.